Trademagazin > News and articles > Company and Personal News > Hervis continues its expansion in Hungary
Hervis continues its expansion in Hungary
Although domestic retail has been deeply affected by the economic effects of the Covid-19 pandemic, Hervis is sticking to its business and expansion plans. The company did not need to reduce its headcount or wages, in fact, it has now opened its 30th sportswear and sports equipment store in Hungary, and it expects the network to grow further in the next year and a half.
In the company’s experience, during the virus situation, the demand for conventional and electric bicycles and scooters, SUPs and running-related products increased, and online traffic broke all previous records.
Related news
SPAR’s development will not stop in 2025: two Budapest stores renovated for HUF 580 million
Two SPAR supermarkets in Budapest have been renovated with an…
Read more >SPAR opened a new supermarket in Kecskemét
SPAR Hungary has opened a new supermarket in Kecskemét with…
Read more >Puma at historic low: stock plunge, layoffs and dividend cut
German sportswear manufacturer Puma is struggling financially due to weak…
Read more >
More related news >
Related news
Corporate mergers at historic high – GVH works with faster procedures and artificial intelligence
A record number of corporate mergers took place in Hungary…
Read more >Pistachio boom in the world – it will become a favorite snack in many places
The demand for pistachios is constantly growing worldwide, and global…
Read more >